30,130 Schwab Short-Term U.S. Treasury ETF $SCHO Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. decreased its holdings in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) by 16.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,810 shares of the company’s stock after selling 30,130 shares during the period. Schwab Short-Term U.S. Treasury ETF comprises about 0.8% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab Short-Term U.S. Treasury ETF were worth $3,574,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCHO. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 72.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,249,057 shares of the company’s stock valued at $319,832,000 after buying an additional 5,577,503 shares during the period. MCF Advisors LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 60.8% in the second quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock worth $106,978,000 after buying an additional 1,676,213 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% in the first quarter. PNC Financial Services Group Inc. now owns 4,104,187 shares of the company’s stock worth $99,609,000 after buying an additional 227,884 shares during the period. Bangor Savings Bank increased its holdings in Schwab Short-Term U.S. Treasury ETF by 7.1% in the 2nd quarter. Bangor Savings Bank now owns 2,758,500 shares of the company’s stock worth $66,590,000 after acquiring an additional 181,853 shares in the last quarter. Finally, Fiduciary Financial Group LLC raised its stake in Schwab Short-Term U.S. Treasury ETF by 5.9% during the 2nd quarter. Fiduciary Financial Group LLC now owns 2,304,888 shares of the company’s stock worth $55,640,000 after acquiring an additional 128,147 shares during the period.

Schwab Short-Term U.S. Treasury ETF Stock Performance

SCHO opened at $23.92 on Friday. The firm’s fifty day moving average is $23.96 and its 200 day moving average is $24.08. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.46.

Schwab Short-Term U.S. Treasury ETF Profile

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.